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Theo Walcott was left on the bench for Arsenal's Carabao Cup goalless draw with Chelsea
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AFP

When asked what Walcott, who has been capped 47 times for England, would bring to Everton, Allardyce said: "Goal-scoring threat, pace, experience and good on assists from wide areas".

Everton's manager confirmed at his weekly press conference that his board are in advanced negotiations with Arsenal over a permanent transfer worth around £20million for Walcott, who is also wanted by Southampton - the club where he launched his career.

"I think you are all aware of our interest in Theo", Allardyce said. Allardyce also thinks he can give Walcott the chance to make a late run to try to force his way into England's World Cup squad, however unlikely that may now seem.

If they get the all clear, Walcott will be allowed to leave the Emirates 12 years after joining from Southampton, claim BBC Sport.

"I can not give him assurances as it is not honest, but we will see".

Everton hope that an offer in the region of £20m will be enough to tempt Wenger into selling, while they are also ready to match Walcott's £110,000-a-week Arsenal wages. "It's not imminent, but negotiations are going on".

Ahead of facing Bournemouth on Sunday, Wenger said: "He is a good player but nothing is happening".

"Because Arsenal have got to find what we are losing at the moment".

"Be delighted to get it over the line. I'll be very excited and enthused when someone, even if it's not Theo, has signed on the dotted line".

When asked if Walcott would be given more games at Arsenal this season, Wenger replied: "I can not give him assurances as it is not honest". We are short of goals so to add power in our goalscoring ability would be very important for me if we can negotiate that transfer'.

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